Dec 7, 2012 11:00pm PST
, the bookstore, go out of business. largely because of competition with amazon. >> reporter: based in seattle, amazon was started in the mid-'90s to sell books online. and for years made no profit. but it soon became clear that founder jeff bezos and his notoriously secretive company had bigger plans. they started expanding in the late 1990s into videos, music, games, electronics, kitchenware, clothing, shoes, jewelry, business services, information storage. amazon turned the corner to profitability in 2002, and today, amazon is a $100 billion global company. and though bezos declined our request for an interview, he recently told "fortune" magazine's andy serwer -- >> our goal is to be the most customer obsessed company. is there someone doing some element better than we? if so, how do we improve? >> online shopping is still only 10% of total retail. >> reporter: meaning amazon in all likelihood is just getting started. ben stein told me recently he has never seen a company dominate a market quite the way amazon is right now. this is a huge, huge story this holiday season. the big question,
Dec 24, 2012 5:00pm EST
in l.a. and san francisco and seattle to understand this. that can all be done with someone who has a permanent purpose as a major attraction when the spring break comes in kids come from the eighth grade and will really keep this in their heart. i am going to be certainly talking to you since you are my neighbor. [laughter] about this in terms of this coming fall after the ringling bros. and barnum & bailey circus is over on november the sixth. [laughter] >> the thank you. thank you. i gave you my business card because i know you have some accidental connections with the lord. please pray for the book this week. we gave guidance to the writers. if you had 10 minutes in front of an eighth-grade class, what would you tell them? what would you tell them about leaderships? what did you experience over the last 10 years and how can we use this book to inspire young people to do great things? all those parents and grandparents out there, this is the book of choice. for the teenager, searching, for that young person looking for direction this will inspire them. thank you for the question.
Dec 1, 2012 11:00am PST
, there are already rumors now that amazon is setting up shop in seattle. so unconfirmed but lots of folks saying they're looking to make that move. what they are doing, amazon has the amazon locker. so if you're going to staples or radio shack, you might start seeing these giant lockers that say amazon locker. it allows people if they get something at home at amazon, they can pick it up, they get a confirmation e-mail, a number they type in and they'll get their object there. we're seeing that happen quite a bit. google just yesterday, they bought amazon's competitor, so you know, it's called bufferbot. and they bought this company, and they're looking to delve into this online/offline e-commerce base. >> are we going to be seeing more online stores going offline? is it that people want to try on things, hold things? because sometimes when i buy things online, then i have to return them which makes it a whole new step. if i can try something on, i'll know right away, for example. >> sure, that's why i think the lines blur. they'll send you five glasses so you pick out a line, and you can try them on
Dec 10, 2012 7:00am EST
watching football and drinking budweiser. host: sarah, democratic caller, seattle, washington, you are next. caller: hello? host: you are on the air. good morning. caller: i know a lot of people is talking about the 1%. i do not think a lot of americans notice that. i used to work for that 1%. they pay you $60 per week, they pay out the difference and give you cash so that they do not have to pay taxes. people shopping at bloomingdale's and all of these stores, they buy it before it hits the rack. the way that they perceive us is as dweebs. they do not like us and never have liked us. you think we are talking about the 74%? the 37%? they do not understand that we work hard. americans are the hardest working people. we have to jobs, three jobs, many of us are going back to school. we are not sitting around doing nothing. host: this prediction from facebook. these comments, democrats -- host: from bragg on facebook -- host: let me give you some other headlines as we continue this discussion this morning about the fiscal cliff. this is from "the washington post." "egyptian opposition confused